RecordSplitKnow exactly
where every partner stands.
Every partner-paid and company-paid business expense, every dollar of personally received or shared revenue, rolled into one automatic contribution balance per partner — so who owes whom is never a guess, and a settlement suggestion tells you exactly how to settle up.
- Partner-paid & company-paid tracking
- Automatic settlement suggestions
- Real-time position updates
No credit card required.
Total expenses
$24,600
Revenue
$42,800
Profit
$18,200
Partner position engine
Who paid / who received
Settlement logic
Northstar Studio — a fictional example, for illustration only.
How partner positions are calculated
Every expense a partner pays personally, and every dollar of revenue they receive, is weighed against a shared fair-share benchmark. The difference is that partner's current position — positive if the pool owes them, negative if they owe the pool.
Partner positions
Track who paid and who received
Every business expense is marked as personally funded by a partner, or paid from the company account — the single distinction that makes the whole balance calculation possible.
Who paid / who received
Settle balances clearly
RecordSplit works out the minimum set of transfers that would bring every partner's balance to zero. Record the settlement, and every position updates automatically.
Suggested settlements
Where partner finance is headed
No dates, no quarters — just an honest status on what's in active development versus further out.
Coming soon
- Custom Profit Sharing
- Custom Expense Sharing
- Effective-Dated Partnership Changes
- Partner Capital Accounts
- Settlement Proof
Planned
- Partner Obligations
- Partner Agreements
- Partner Exits & Buyouts
Partner Finance questions
See it in context
More of the platform
Give every partner a clear view of the business.
Free to start. No credit card required.